Last portion of historical data covered here, this is the analysis for the bear market since the 2013 top.
Mad props to @timwest for coming up with this methodology/witchcraft...
Cheers,
Ivan Labrie.
I remember starting this forex things thinking having all this tools and messy charts would help better my trading which one of the most brainwashing things here on trading view it does not mean if atrader has all the indicators in the world on their chart with trendlines and support and resistance makes their trade go in the right way the key to succesful trading...
In this chart I'm illustrating a few trading setups that took place in $MCD following each earnings report for a year. The indicators you see in the chart are 'Average True Range' and 'Earnings Price Support' from @timwest's 'Key Hidden Levels' indicator pack.
Every time a company reports earnings, analysts, investors, portfolio managers, traders, you name...
Very interesting how these trends panned out, with a more complete data set we can see that a target zone between 950 and 1850 was established as a potential topping zone well in advance while the price was close to $100...
Time @ mode analysis of multiple timeframes, using the system's rules would have let you ride most profitable segments of the trend and avoid...
I'll cover all the main weekly, monthly, and bimonthly trends in $BTC, using the $BLX chart, which very interestingly contains historical data older than what Bitstamp offered until now at Tradingview. Great addition!
You can see how the trends work, and how Time @ Mode would have let you ride them all with great precision, and specially, told you 'when to fold...
I think it's a good time to reevaluate divesting from crypto once again. We have considerable risks, yet no one even bothers thinking about them. Anyone aware of fundamentals knows that we can see some nasty scenarios in the coming weeks and months. I would reccomend taking a break from crypto, and for instance, holding only 25% of your capital in it, be it in the...
This is how the Ethereum chart looks, plotted against the Euro using Kraken data. It has been the most reliable instrument to perform analysis on this pair, together with $ETHBTC from the Poloniex feed. Currently, we are tracing a daily, weekly and monthly uptrend. Periodically, smaller timeframes might be in a consolidation or retracement phase, to then rejoin...
